Property profile

204 Lockport Cir Kingsport, TN 37663

OFF-MARKET
Land
0.74 ac lot
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Property summary

AI-generated overview

This exceptional .74-acre commercial lot, situated in Kingsport, Tennessee, presents a remarkable investment opportunity. Located at 204 Lockport Cir, within the South Port Professional Park, this property boasts a highly desirable location near the intersection of Rock Springs Road and Moreland Drive. The lot is primarily cleared and prepared for immediate development, offering significant convenience for future construction. Water and sewer utilities are conveniently located at the cul-de-sac bordering the property. Zoned B4, this versatile parcel allows for a wide range of commercial uses, including medical, dental, and other professional businesses. The area is thriving, with nearby establishments such as Elite Dental Experience and Brookdale Senior Living. Its strategic location provides easy access to Colonial Heights and Eastman Chemical Company, and enjoys proximity to Interstate 26 (Exit 6, Rock Springs interchange), within 1.5 miles. The property's APN is 091E C 00800, and its Sullivan County address is 204 Lockport Cir, Kingsport, TN 37663. The asking price is $149,900, representing a price per acre of $202,568. This is a rare opportunity to acquire a well-situated, ready-to-develop commercial lot in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 0.74 ac (32,234 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

204 Lockport Cir Kingsport, TN 37663
Kingsport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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